Tag Archive: effectiveness



work-deskTime is our most precious resource and honestly, you cannot afford to waste it. You aren’t going to get any more time during the course of each day, so it’s up to you to maximize what you have and manage yourself well around it.

I’m sure there are a few things that you can think of right now that are wasting your time every day that you would love to be rid of. Things that have been keeping you from getting it done. I’m going to share five ways that entrepreneurs waste time and give you solutions for moving beyond them.

What are your day to day experiences? Every day there are so many things going on that if you’re not careful, your day will have control of you and you won’t have a say in how anything goes. On a daily basis people are caught up in the everyday to-dos of business and family, multiple devices, overloaded inboxes, tools and tasks, friends, followers, fans and other connections. I’m sure you can you relate to at least a couple of things in that list and that you’ve been in the midst of what I just described.

Of course this is what you want to shift away from, so let me dive into the 5 ways that I see entrepreneurs wasting time.

  1. Doing irrelevant things-Focusing on the mail, some social media, the accounting, the marketing, etc., wastes time and takes you away from the important things. Focus on the revenue generating things and delegate the things that don’t require your specific expertise.
  2. Doing the right things inefficiently. Efficiency is doing things the right way and effectiveness is doing the right things. So here the problem is being effective, but not efficient. Once you know what to do, approach things in a way that lets you be productive. A good example is having a process for repetitive tasks instead of reinventing the wheel each time.
  3. Spending time-If you don’t know exactly where your focus should be, then chances are you’re focusing on the wrong things daily. You’re spending time versus investing it. Identify your priorities so you know what’s important to have your tasks be an investment of your time.
  4. No systems-Lack of systems will not only leave gaps, but will have things falling through the cracks. Systems are composed of tools, processes and people, they don’t have to be complicated. Determine what systems you need and then create each component for each system and implement it.
  5. Technology-Email and social media are two of the biggest time wasters so you need rules for both. Use inbox tools to manage email and set designated times to check it. Have a plan for social media and use it. Delegate a portion of it to make it easier to make your time on social media focused, deliberate and intentional.

Start with one time waster, apply the solution, and then move to another. Keep moving until you eliminate your time wasters.

 

 


Planning On Glass BoardWith just a few weeks lift in the year, the air is buzzing with end of the year activities. Sadly, though most people don’t think about the year ahead. If you haven’t already laid out your plan for next year, you’re way behind and it’s time to catch up. I know that some people cringe when they hear the word “plan” or at the thought of having to create one.  I’ve heard so many people say that planning takes too much time or even that it’s a waste of time.  The truth is that planning will actually save you time, guide your actions and help you accomplish what you set out to do.  There is power in the process.

When you don’t plan, the time that you give to execution will take much longer and decrease your productivity level.  Without going through the planning process, unexpected things happen that you didn’t think about and they derail your efforts.  You spend time dealing with the unexpected, looking for solutions to put the fire out and get things going again while work is stagnated.

It only takes about 10-12 minutes to plan your day.  That small investment will save you about two hours every day, which translates to about a 25 percent increase in your level of productivity.  Regular planning has you spend more time on activities of higher value, which in turn increases your effectiveness and your efficiency. Planning will facilitate achievement of your goals, and helps you to make good decisions, define opportunities and possible threats and can even help reduce risk and prevent loss.  Inside of the process you are able to see the resources that you need, map your route and determine how you will deal with any bumps in the road, should you hit them.  All of this becomes possible simply because you make the investment of your time and energy to create the plan.

Statistics show us that every minute that you plan saves you ten in the execution of the plan.  That translates into the time that you make to plan giving you a return of ten times, which is 1,000 percent on the investment of your time and personal energy.  That is huge!  Where else can you make an investment and get this kind of return?

Without planning you don’t know exactly what you’re working on from day to day, every week and over longer periods of time so you play the guessing game on a regular basis or you get in the middle of doing a particular thing and notice that there’s something that you forgot to do—something that should have been done before you started working on your current task.  You also get to points in your process when you realize you don’t have something that you need. Not a good scenario when you’re trying to make things happen and complete the projects on your agenda or reach your goals. You want to know what that next step is. If you don’t it will cost you.

With a plan you’ve done the work that has you already halfway there. Your plan is your map that gives you what you need to move forward and a great chance of success. So, the next time you hear the word “plan”, don’t cringe, embrace the power that the process gives you.  Get prepared for 2015. Plan your work, and work your plan!

 

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